Other Comprehensive Income Items

3 Months Ended

Jan. 29, 2023

Other Comprehensive Income Items

Other Comprehensive Income Items

(3)  Other Comprehensive Income Items

The after-tax components of accumulated other comprehensive income (loss) were as follows (in millions of dollars):

	January 29		October 30		January 30
	2023		2022		2022
Cumulative translation adjustment	$	(102.8)	$	(169.0)	$	(90.9)
Unrealized gain on derivatives		52.5		66.8		19.8
Unrealized loss on debt securities		(2.1)		(2.5)		(1.9)
Total accumulated other comprehensive income (loss)	$	(52.4)	$	(104.7)	$	(73.0)

Amounts recorded in and reclassifications out of other comprehensive income (loss), and the income tax effects, were as follows (in millions of dollars):

	Before		Tax		After
	Tax		(Expense)		Tax
Three Months Ended January 29, 2023	Amount		Credit		Amount
Cumulative translation adjustment	$	66.2			$	66.2
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(1.9)	$	.4		(1.5)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(16.3)		3.5		(12.8)
Net unrealized gain (loss) on derivatives		(18.2)		3.9		(14.3)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		.7		(.3)		.4
Total other comprehensive income (loss)	$	48.7	$	3.6	$	52.3
Three Months Ended January 30, 2022
Cumulative translation adjustment	$	(36.4)			$	(36.4)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		15.4	$	(3.3)		12.1
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		1.1		(.2)		.9
Net unrealized gain (loss) on derivatives		16.5		(3.5)		13.0
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(.3)		.1		(.2)
Total other comprehensive income (loss)	$	(20.2)	$	(3.4)	$	(23.6)